Hendersonville businesswoman named 'Rising Star' - WKRN News 2

Hendersonville businesswoman named 'Rising Star'

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HENDERSONVILLE, Tenn. - One Middle Tennessee woman has transformed her business from a building that was bleeding money each month to a company that is now turning a profit.

Margaret Latham built Latham's Lighthouse on Old Hickory Lake in 1998.

After a failed restaurant attempt and a few unsuccessful lease agreements, she knew it was time to reinvent the lighthouse and turned to a local community college for help.

Knowing Hendersonville lacks a place to host special events, Latham decided she'd try an events center and began taking classes through the Tennessee Small Business Development Center at Volunteer State Community College.

The price, she said, could not be beat.

She told News 2, "It's very inexpensive, as a matter of fact a lot of them are free, getting a business started is not easy and you really need all the help you can get."

Latham said the economy should not scare people away from starting a business and in fact, can be the perfect time.

"We do have a good value and people are looking for a good value right now, for what you get," she said.  "We really price in the right price.  We're not the high end [and] we're not the very bottom end either."

Latham's Lighthouse Events Center is booked every weekend and because of its success, Latham plans on hiring more part-time help.

The Tennessee Small Business Development Center has also named Latham its "Rising Star" for 2008.

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